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The Lafayette Inn 146 Main St
6 Room Bed and Breakfast Stanardsville, VA 22973 $2,200,000 ($366,667/Room)
Investment Highlights
- Historic (circa 1840) building with century old history of hospitality. Fully operational, ready for complete "turn key"
- Owner Financing Option- Provides easier means to closing. Quick turn around for those desiring such.
- Recession resistant- centrally located among UVA, JMU, Monticello, Montpelier, inside #1 Montpelier Wine Trail. Beside Skyline Drive and centered with
Executive Summary
Historic circa 1840 gem just outside of Charlottesville. Fully operational Inn (6 suites) and Restaurant (60+ seats). Fully operational- 100% turn key.
Property Facts
Amenities
- Restaurant
- Bed & Breakfast
About 146 Main St , Stanardsville, VA 22973
MOTIVATED SELLER- READY TO RETIRE. Central Virginia. Central East Coast. Explore with the owners- Make an informed decision. We represent location, growth, stability and recession resistant. Explore before you invest in your next venture. Business offers a strong reputation to build upon, as a winner of Virginia’s “Restaurant of the Year”, Trip Advisor’s “Hall of Fame” and Open Tables “Diner’s Choice Award”. Owners have operated for 18 years and desire to move into the role of full-time grandparents and fully recognize the new and coming growth will require more of a commitment. Countless of millions of dollars are invested annually to bring tourists to the area- the Inn simply needs to be available to serve. We are in Central Virginia- just north of Charlottesville and beside the Blue Ridge/Skyline Drive parkway. Monticello and Montpelier are common attractions for our guests. Centrally located between the University of Virginia and James Madison University. Surrounded by one of the largest clusters of wedding venues. We are centrally located within the Monticello Wine Trail- name the #1 Wine Destination in the nation by Wine Enthusiast. (Even in down markets- people visit historical locations, visit the mountains, send their children to college (and visit them/take them out to eat), still get married, and still enjoy visiting vineyards. We are again located centrally in the largest cluster of vineyards in the state. We attract “wine tasters” that need a place to stay (vs. drink and drive)- and after a full day of tasting, what better than dining in our on-site restaurant? Full turnkey sale (down to “salt in the shakers”). Settle one day. Open the next with a steady flow of Inn, Restaurant guests and private events “already on the books”. Private financing provides the option to respond quickly if desired, but we are also committed to maintaining the course if needed. Third floor of the main building provides an opportunity to build out owner or management quarters. OWNER FINANCING AVAILABLE. (Standard “Terms & Conditions” Apply).
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 6 | $149.00 | - |
PROPERTY TAXES
| Parcel Number | 37A A 33A | Improvements Assessment | $689,700 |
| Land Assessment | $59,500 | Total Assessment | $749,200 |
PROPERTY TAXES
zoning
| Zoning Code | Mixed Use (Please check with Greene County Zoning Ordinance for a full list of By-right and SUP uses.) |
| Mixed Use (Please check with Greene County Zoning Ordinance for a full list of By-right and SUP uses.) |
Learn More About Investing in Hospitality Properties
Presented by
Alan Pyles
The Lafayette Inn | 146 Main St
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